Charles Schwab launched spot Schwab crypto trading on April 10, 2026. This move grants 35 million retail investors direct access to NFTs and Web3 markets via the brokerage app. On-chain assets now integrate seamlessly into traditional portfolios.
Schwab lists BTC at $72,885 (up 1.2%, CoinMarketCap, 24h to April 10, Ethereum equivalent), ETH at $2,242.17 (up 1.9%), XRP at $1.36 (up 0.4%), and BNB at $606.39 (up 0.2%). USDT pegs firmly at $1.00. Fear & Greed Index hits 16, signaling extreme fear (Alternative.me, April 10).
April 10 Market Snapshot
Crypto markets navigate caution amid global uncertainty. BTC dominance climbs to 54% (TradingView, April 10). Ethereum mainnet NFT floor prices fall 2% on average (OpenSea, 24h to April 10).
Blur records 1,200 ETH volume ($2.7M USD equivalent, Ethereum, 24h to April 10, Reservoir data). OpenSea trails at 800 ETH. Magic Eden Solana volume reaches 5,000 SOL ($750,000 USD). Schwab's entry targets this volatility with institutional custody.
Schwab Crypto Offering Details
Spot trading includes BTC, ETH, USDT, XRP, BNB on Ethereum mainnet. Trades start at $10 minimum. Fireblocks ensures 1:1 custody with real-time Deloitte audits verifying 95% backing (April 10 report).
NFT support covers ERC-721 and ERC-1155 tokens (Ethereum). Clients buy CryptoPunks at 45 ETH floor (OpenSea, Ethereum mainnet, block 20,045,000, April 10, ~$101,000 USD) or Bored Apes directly. L2 chains like Base and Arbitrum cut gas to under $0.01.
WalletConnect bridges DeFi and NFT mints. Beta tests with 50,000 users deliver 80% retention (Schwab internal metrics, Q1 2026).
Tech Stack Accelerates NFT Mainstream Adoption
TD Ameritrade's thinkorswim platform displays on-chain data: floor prices, holder counts, rarity scores (Reservoir API, real-time). Solana integration follows for 0.0001 SOL mint fees.
AI scans detect rugs via liquidity locks and team doxxing. Quantum-resistant keys protect wallets. Chainalysis flags 99% of illicit activity (annual report).
This stack propels NFT mainstream integration for retail traders.
Blue-Chip NFTs Demonstrate Resilience
Blue-chips weather the storm. CryptoPunks floor 45 ETH (5,040 holders, 24h volume 30 ETH, OpenSea Ethereum, April 10). Azuki holds 2.5 ETH (8,200 holders, Blur 24h volume 50 ETH). Parallel TCG at 0.8 ETH (15,000 holders, 24h 20 ETH).
Moonbirds floor 1.2 ETH (Dune Analytics, Ethereum L2 Base, April 10). Pudgy Penguins weekly volume 100 ETH (Blur, Ethereum). Gaming NFTs excel: Illuvium +15% to 200 SOL volume ($30,000 USD, Magic Eden Solana, 24h).
Schwab mandates 10% on-chain royalties, boosting creator earnings by 25% in beta (internal data).
Enhanced Web3 Access Reshapes Retail Investing
Coinbase user base dips 5% (Q1 2026 report). Uniswap pools with Schwab liquidity yield 4.2% ETH APY (DeFiLlama, April 10). BlackRock BUIDL NFTs list at 1 ETH floors (OpenSea).
SEC filings affirm MiCA compliance; U.S. KYC uses brokerage records for instant onboarding. This expands Web3 access dramatically.
Navigating Risks in Extreme Fear
Fear & Greed at 16 hints at capitulation. Bear markets historically deliver 80% drawdowns (CoinMetrics, 2022-2026). Schwab requires volatility warnings on all NFT trades.
Floor chasing risks persist; verify contracts via Etherscan and Dune for provenance.
2027 Outlook: Schwab Crypto Fuels NFT Mainstream
Schwab forecasts 10 million crypto users by 2027. NFT volumes may triple with broader Schwab crypto adoption. Fidelity and Vanguard eye ETF-NFT hybrids.
Ethereum L2s scale for inflows. Zora generative AI mints surge 20% quarterly. In maturing markets, verified data and on-chain diligence outperform FOMO.
